212
212
Sep 26, 2012
09/12
by
CNBC
tv
eye 212
favorite 0
quote 0
there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are created by the oil and gas industry in the united states. >> right, right. let me get your take on natural gas. i'd love to know where you're seeing opportunity, how you're invested in the energy space. you've been a backer of natural gas. honda has the civic natural gas car. can the industry really transform to natural gas powered vehicles? >> well, there's no question the technology is well known. there are 13 million vehicles in the world today on natural gas. only 130,000 of them in the united states. we have more natural gas than any other country in the world. how could that be? it's because the leadership in washington has not, one, understood the resources available to us in america, but, two, they've shown no leadership to get on our own resources. use our fuel here. quit importing oil from opec. >> yep. well, we'll leave it there. boone, alwa
there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are created by the oil and gas industry in the united states. >> right, right. let me get your take on natural gas. i'd love to know where you're seeing opportunity, how you're invested in the energy space. you've been a backer of natural gas. honda has the civic natural gas car. can the...
115
115
Sep 14, 2012
09/12
by
CNBC
tv
eye 115
favorite 0
quote 0
i think for the united states, while we've got room for multiple expansion in the united states where we're at today, earnings are getting kind of topee. europe makes a better bet. >> the last time you came on several months ago when you were bearish the euro, have you also changed targets to several months ago? >> actually, i haven't, mandy. the euro is going to continue to appreciate. we've obviously gotten a really nice bounce here, up to around 131. we probably have a little more upside on a technical basis. but the whole key to the european recovery is around dr. draghi continuing to print money, and printing money is going to ultimately put downward pressure on the euro, and they need that to get the economy of the periphery to expand. >> if you're buying european stocks, what are you selling? >> brian, i think you know a couple of months ago, two or three months ago, i turned very bearish on treasury. we started selling ten year notes at 1.65. we were probably too early. but i am exceptionally negative about treasury securities, and i think that's probably the best short out th
i think for the united states, while we've got room for multiple expansion in the united states where we're at today, earnings are getting kind of topee. europe makes a better bet. >> the last time you came on several months ago when you were bearish the euro, have you also changed targets to several months ago? >> actually, i haven't, mandy. the euro is going to continue to appreciate. we've obviously gotten a really nice bounce here, up to around 131. we probably have a little...
300
300
Sep 26, 2012
09/12
by
CNBC
tv
eye 300
favorite 0
quote 0
if he doesn't voluntarily return to the united states. there you are. >> yeah. >> take a break here, come back with about 25 minutes left. the dow heading a little lower, down 40 points. >> september is traditionally the worst month for stocks, but the market is faring better than expected. market watchers will weigh in next. >>> also, twitter battles the government to protect your privacy. we'll hear from that company's ceo still to come. >>> after the bell, find out what texas billionaire boone pickens thinks about importing oil. back in a moment. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back. 20 minutes to
if he doesn't voluntarily return to the united states. there you are. >> yeah. >> take a break here, come back with about 25 minutes left. the dow heading a little lower, down 40 points. >> september is traditionally the worst month for stocks, but the market is faring better than expected. market watchers will weigh in next. >>> also, twitter battles the government to protect your privacy. we'll hear from that company's ceo still to come. >>> after the bell,...
314
314
Sep 12, 2012
09/12
by
CNBC
tv
eye 314
favorite 0
quote 0
. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead. leadership is necessary to ensure that events in the region don't spin out of control. >> all this happening as israeli prime minister benjamin netanyahu is using the strongest language to date about using force to stop iran from developing a nuclear weapon. this brings up the issue of making the u.s. less dependent on foreign oil. should we get off of middle eastern oil? chris, you first. all of this make you nervous about how much we depend on that region for our energy needs? what's the answer? >> well, you know, you look at saudi arabia providing 20% of the oil imports for this country. america needs
. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead....
149
149
Sep 12, 2012
09/12
by
CNBC
tv
eye 149
favorite 0
quote 0
i mean, it was a terrible statement typical of the president of the united states. he deflects it and he attacks romney admitting this is a botched statement, holding the egypt government responsible for something like this is absolutely something they need to do if they want to have continued cooperation from the united states. >> and i want to ask peter brooks, old friend, so hillary says today in her comment that we reject these acts, quote, unquote, we reject these actions, but the president says later we will bring to justice. how he's going do that, i don't know. we will bring them to justice, peter brooks. what the hell does that mean? would you please tell me because to me, he is more interested in promoting these muslim states running through the art than he is promoting american influence and leadership in that region. that's what's got me really bugged, peter. how is he going to bring them to justice? >> i certainly can't channel president obama. i'm not the right person to do that. what i hope he means here is that the government of libya does not bring
i mean, it was a terrible statement typical of the president of the united states. he deflects it and he attacks romney admitting this is a botched statement, holding the egypt government responsible for something like this is absolutely something they need to do if they want to have continued cooperation from the united states. >> and i want to ask peter brooks, old friend, so hillary says today in her comment that we reject these acts, quote, unquote, we reject these actions, but the...
190
190
Sep 27, 2012
09/12
by
CNBC
tv
eye 190
favorite 0
quote 0
there are foreign leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to meet with anybody, or he did make recommendations and the president said, in a, i don i d want to meet them, i'll give a speech and then get to ohio. >> just to follow up on this, i'm thinking of the netanyahu story with israel and iran. one of the key issues, we had professor from harvard law school is whether the united states will truly decisively back up netanyahu and israel militarily. now, with all respect to hillary clinton who is doing a fine job on this stuffy imagine, it's only the president who can make a statement like that.imagine, y the president who can make a statement l
there are foreign leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to...
237
237
Sep 28, 2012
09/12
by
CNBC
tv
eye 237
favorite 0
quote 0
it's a lie and the president of the united states needs to come before the american people and explain to them what did he know? when did he know it? and why has he and senior officials been lying. >> is jack jacobs here. welcome. i want to bring you in. we have been talking about this whole situation. it looks, to me, like this was a major security breakdown. the intelligence people told them that this was with a pre-planned al qaeda terrorist attack within 24 hours of the awful killing of our ambassador and the other people with them. and the white house denied and denied it and are still denying it and i say susan rice should be fired. she should resign and i'm asking jack, up the chain of command, what is hillary clinton's role and what is president obama's role? >> well, let me tell you, everybody is responsible for everything that happens in his unit or fails to happen. the state department has a great deal to answer for. there's no doubt in my military mind this was a pre-planned attack. if you look at it as a small unit operation, they had mortars that they shot, combined with
it's a lie and the president of the united states needs to come before the american people and explain to them what did he know? when did he know it? and why has he and senior officials been lying. >> is jack jacobs here. welcome. i want to bring you in. we have been talking about this whole situation. it looks, to me, like this was a major security breakdown. the intelligence people told them that this was with a pre-planned al qaeda terrorist attack within 24 hours of the awful killing...
221
221
Sep 27, 2012
09/12
by
CNBC
tv
eye 221
favorite 0
quote 0
hepatitis c is about five times more prevalent than hiv here in the united states. there's about four to five million people infected with hepatitis c and about 2/3 of those individuals are unaware of their infection. there's a huge reservoir of unprotected infection. >> when i go to my doctor, should i be asking for a hep c test? >> the cdc just recommended that all baby boomers, everybody born between 1954 and 1965 be tested for hepatitis c. >> and that's your product that we'll be using. >> absolutely. it's a 20-minute test, it's highly accurate, it's laboratory accurate and it's out there in the market right now. >> we had the ceo on his big tv show. you have got a genetic problem that is and -- >> they are the market leader in oral collection systems for molecular diagnostic, ancestry.com makes their products and makes it available to their products so they can get better information about their gene yolg. there's another company that provides a consumer service for people who want to know what their genetic profile and any genetic risks. >> i don't want to emb
hepatitis c is about five times more prevalent than hiv here in the united states. there's about four to five million people infected with hepatitis c and about 2/3 of those individuals are unaware of their infection. there's a huge reservoir of unprotected infection. >> when i go to my doctor, should i be asking for a hep c test? >> the cdc just recommended that all baby boomers, everybody born between 1954 and 1965 be tested for hepatitis c. >> and that's your product that...
276
276
Sep 26, 2012
09/12
by
CNBC
tv
eye 276
favorite 0
quote 0
and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >> that's right. ambassador rice came on the sunday morning programs and said that, in fact, it was a spontaneous reaction of course to the video. and in no way was an expression of hostility toward america. and you have to say killing four american heroes, quite honestly, attacking our consulate, if that's not hostility toward america, i don't know what it is. so, no, i think it's pretty apparent that the administration must have known, had information, and ambassador rice was sent out on the sunday programs to mislead the american public. i find that outrageous, and i think she needs to explain herself and expl
and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >>...
114
114
Sep 18, 2012
09/12
by
CNBC
tv
eye 114
favorite 0
quote 0
now, having said that the expansion of the united states is very slow. we are down to 1 1/2 to 2% of gdp expansion. that is, like phil and i talked many time, the lowest, slowest expansion we have ever had following a deep recession. clearly, one of the worst recessions we have ever been in. we are very pleased that we are recovering in the automobile industry and in ford's care the pent-up demand is incredible. the average age, phil, is like 11 years old now. these new vehicles you can get from ford, you can economically replace your older vehicle. so we are so just gratified that we invested during the toughest time and we have the products now to help lead this economic recovery but it is a slower recovery than we have had in the past, for sure. >> so what did you say? i don't mean to beat this into the ground, yes or no? is america in better shape now than it was four years ago? >> clearly not in the deep recession that we were and we are starting to recover. so, this is a very positive thing. the thing i like about the debate is what can we do to in
now, having said that the expansion of the united states is very slow. we are down to 1 1/2 to 2% of gdp expansion. that is, like phil and i talked many time, the lowest, slowest expansion we have ever had following a deep recession. clearly, one of the worst recessions we have ever been in. we are very pleased that we are recovering in the automobile industry and in ford's care the pent-up demand is incredible. the average age, phil, is like 11 years old now. these new vehicles you can get...
240
240
Sep 20, 2012
09/12
by
CNBC
tv
eye 240
favorite 0
quote 0
should been united states retaliate in some way for this flag burning? >> well t short answer is, it's more important than just defending the flag, it's defending our interests and our national requirements in that region. we have got to get engaged. we have got to get reengaged because if we don't, we're going to see more and more of this. >> many thanks, general mark kimet stayed up late for us in germany. i'm larry kudlow, we will see you tomorrow night. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel
should been united states retaliate in some way for this flag burning? >> well t short answer is, it's more important than just defending the flag, it's defending our interests and our national requirements in that region. we have got to get engaged. we have got to get reengaged because if we don't, we're going to see more and more of this. >> many thanks, general mark kimet stayed up late for us in germany. i'm larry kudlow, we will see you tomorrow night. [ male announcer ] how do...
164
164
Sep 24, 2012
09/12
by
CNBC
tv
eye 164
favorite 0
quote 0
there has been a bipartisan consensus in the united states for many years that the u.s. and israel are the closest of allies, that we have to tackle problems in the middle east together. it's why you see legislation passing the united states senate 99-0 when it comes to confronting iran's nuclear ambitions and supporting -- supporting our closest ally israel, so it's a very strange position for him. it's really out of -- really out of sync with a broad bipartisan consensus in this country. >> jeb, let me go to you. i want to go back to libya and benghazi and that whole story. front page "new york times." we lost most of our intelligence assets because of this snafu, because of this mistake. the cia lost a lot of intelligence assets. we may be wiped out. now, again, president obama in the "60 minutes" last night could not get himself to say that this was premeditated, that this was a terrorist plot. he's still hanging on to the video story which, as you know, is a falsehood. i call it a lie. i believe ambassador, u.n. ambassador susan rice, should have been made to resign
there has been a bipartisan consensus in the united states for many years that the u.s. and israel are the closest of allies, that we have to tackle problems in the middle east together. it's why you see legislation passing the united states senate 99-0 when it comes to confronting iran's nuclear ambitions and supporting -- supporting our closest ally israel, so it's a very strange position for him. it's really out of -- really out of sync with a broad bipartisan consensus in this country....
108
108
Sep 26, 2012
09/12
by
CNBC
tv
eye 108
favorite 0
quote 0
that's the big wave here in the united states, at least. the chip will be supplied later on this year or in early 2013. but 4g is happening right now. and that's the issue. >> it will be 5g by the time they get there. >> probably. >> if you want to play that new chip architecture, arm hold sgs probably the way to play it. that chart looks fantastic. that's where i would put my money. >> mike, you saw some interesting things today. >> the options market sharing the same skepticism we saw almost 12,000 puts trading this thing at about 46 cents. this is somebody who believes the stock could be town around the 19.5 level. seeing bearish sentiment. >> koch more "options action" on friday afternoon. >>> a mining stock continues to dig up golden opportunities. we'll give you the big movers of today's session. that's next. >>> and a shiny trade of the day. we'll lift the curtain and reveal what it is later on. [ male announcer ] trading's like a high-speed train. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-so
that's the big wave here in the united states, at least. the chip will be supplied later on this year or in early 2013. but 4g is happening right now. and that's the issue. >> it will be 5g by the time they get there. >> probably. >> if you want to play that new chip architecture, arm hold sgs probably the way to play it. that chart looks fantastic. that's where i would put my money. >> mike, you saw some interesting things today. >> the options market sharing the...
368
368
Sep 12, 2012
09/12
by
CNBC
tv
eye 368
favorite 0
quote 2
this attack will not break the bonds between the united states and libya. libyan security personnel fought back against the attackers alongside american. libyans helped some of our dips find safety and carried ambassador's body to the hospital where we tragically learned he had died. it's especially tragic that chris stevens died in benghazi because it is a city he helped to save. at the height of the libyan revolution. chris led our diplomatic post in benghazi with courage and resolve, he built partnerships with libyan revolutionaries and helped them as they planned to build a new libya. when the gadhafi regime came to an end, chris was there to serve as ambassador to the new libyan. he worked tirelessly to support this young democracy. i think both secretary and dlin ton a clinton and i relied deeply on his knowledge of the situation on the ground there. he was a role model to all who worked with him. and to the young diplomats who aspire to walk in his foot steps. along with his colleagues, chris died in a country that is still striving to emerge from th
this attack will not break the bonds between the united states and libya. libyan security personnel fought back against the attackers alongside american. libyans helped some of our dips find safety and carried ambassador's body to the hospital where we tragically learned he had died. it's especially tragic that chris stevens died in benghazi because it is a city he helped to save. at the height of the libyan revolution. chris led our diplomatic post in benghazi with courage and resolve, he...
175
175
Sep 13, 2012
09/12
by
CNBC
tv
eye 175
favorite 0
quote 0
what bothers me is see a public argument between israel and the united states. you never want to see that and put it in private and have a united front in public. i would hope israelis would trust the united states we will block iran and deal with the iran question on our terms and a time of our koosing. i don't think it's smart with the israelis or prime minister to think he should attack soon. i do think there's an increasing realization within israel they're better off working with the united states on this question and not going it alone. >> thank you. thank you very much. >>> former undersecretary of state nick burns and former secretary of state paul wolfowitz and abc broadcaster, john bachelor, thanks to all of you. >>> coming up, new fed firepower sends stocks soaring, the biggest finish since 2007. >>> and is the fed carrying obama's water? has it gone rogue? is it election year manipulation and just plain old election politi politics? free market capitalism the best path to prosperity. i wish we had a whole lot more on the middle east but not much at t
what bothers me is see a public argument between israel and the united states. you never want to see that and put it in private and have a united front in public. i would hope israelis would trust the united states we will block iran and deal with the iran question on our terms and a time of our koosing. i don't think it's smart with the israelis or prime minister to think he should attack soon. i do think there's an increasing realization within israel they're better off working with the...
353
353
Sep 13, 2012
09/12
by
CNBC
tv
eye 353
favorite 0
quote 0
states, that the united states is against islam. as soon as the leaders who were strongmen who were removed, a lot of those conspiracy theories rose to the surface. i think education is certainly necessary. >> we had one of our reporters earlier, richard, make the point that moderate middle easterners can't compete when push comes to shove with extremists, the best of intentions -- by definition, when you're moderate, you're not willing to go that extra mile. i guess we shouldn't be surprised. it's hard to anticipate and hard to deal with. >> i think there was also an over estimation of the strength of the moderates. everyone at least in the west was looking at twitter and there seemed to be a flood of moderate voices from the middle east. a lot of the voices were people who lived in canada, australia and the united states, not really here so much. i think that props overrepresented the number of moderates, the number of people who seemed to want just what the united states wanted. that really was never the case. you can see now all
states, that the united states is against islam. as soon as the leaders who were strongmen who were removed, a lot of those conspiracy theories rose to the surface. i think education is certainly necessary. >> we had one of our reporters earlier, richard, make the point that moderate middle easterners can't compete when push comes to shove with extremists, the best of intentions -- by definition, when you're moderate, you're not willing to go that extra mile. i guess we shouldn't be...
270
270
Sep 21, 2012
09/12
by
CNBC
tv
eye 270
favorite 0
quote 0
we have a campaign which is tied with the incumbent president of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting hard numbers on what falling off the fiscal cliff could mean and what it could cost the markets, 20%, at the very least. so how is congress going about it? earlier today the house went into recess until after the election and the senate wraps up tonight and we'll look at washington at work or not, but first up, after months of resisting and saying he's done what's required, mitt romney put out a friday surprise and released his 2011 tax return and nbc's john harwood joins us. >> reporter: good evening, joe. mitt romney promised when he released preliminary estimates that he would release these re
we have a campaign which is tied with the incumbent president of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting...
192
192
Sep 7, 2012
09/12
by
CNBC
tv
eye 192
favorite 0
quote 0
unlike europe and the united states, they can do stimulus on the fiscal side and the monetary side. that means they could miss out on the inflationary move. all year it's been about the u.s. you might see money coming out into other riskier areas of the globe. >> do we have to look at china or talking about the fed and ecb next week. >> absolutely we have to keep looking at china, i think a lot of their most as ifty issues, one of these days the lights will go on. i don't think it will be a good thing. i'm looking at three things. i think the conservative newspapers are going bonkers today, i urge everybody to go online and read it. secondly i think when it comes to labor force participation rate @ will push it down for all of the wrong republicans. i think we're going to potentially test 2000 in gold. >> all right, very good, thank you all. >> a lot of people talking about that 23 2,000 level for a long time. what about stocks. will they make any big moves, what do you think, bob? >> today's response was not very encouraging. we had a move today related to china. that was a surpris
unlike europe and the united states, they can do stimulus on the fiscal side and the monetary side. that means they could miss out on the inflationary move. all year it's been about the u.s. you might see money coming out into other riskier areas of the globe. >> do we have to look at china or talking about the fed and ecb next week. >> absolutely we have to keep looking at china, i think a lot of their most as ifty issues, one of these days the lights will go on. i don't think it...
307
307
Sep 12, 2012
09/12
by
CNBC
tv
eye 307
favorite 0
quote 0
was one of the worst economic decisions in the history of the united states. on where we go from here. >>> creating job opportunities in a world of technology. >> just what i need. let's do that. >> former aol boss with a plan to pave the way for the next generation of america's workforce. >> and tracking the fed's next steps. find out what fed watchers and experts are saying in the latest cnbc fed survey. the second hour of "squawk box" begins right now. >>> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky quick, the futures are indicated higher today even after the gains we saw yesterday. right now the dow futures up by close to 30 points. and the nasdaq is up by about 11 points right now. let's get right to your morning headlines. european shares have hit 14-month highs this morning after a german court ruled that the country could proceed with ratification of a european bailout fund. the german parliament could veto any future increase, but a lot of people taking this as a winning right now. in the meantime, back here in the united
was one of the worst economic decisions in the history of the united states. on where we go from here. >>> creating job opportunities in a world of technology. >> just what i need. let's do that. >> former aol boss with a plan to pave the way for the next generation of america's workforce. >> and tracking the fed's next steps. find out what fed watchers and experts are saying in the latest cnbc fed survey. the second hour of "squawk box" begins right now....
167
167
Sep 12, 2012
09/12
by
CNBC
tv
eye 167
favorite 0
quote 1
i don't think anybody's ever heard of zug in the united states. hans marti, who heads zug's economic development office, showed off the nearby snow-covered mountains. but zug's main selling point isn't a view of the alps. how low are the taxes here? >> it's something between 15% and 16%. >> and in the united states, it's 35%. >> i know. it's half, half price. >> and do you have the lowest tax rate in switzerland? >> most probably, yes. >> most probably, yes. so you're kind of a tax haven within a tax haven. >> [laughs] maybe, yes. >> yeah, yeah, yeah. >> the population of the town of zug is 26,000. the number of companies in the area: 30,000 and growing. but many are no more than mailboxes. texas democratic congressman lloyd doggett questions whether the moves of several companies are legit. >> a good example is one of my texas companies that's been in the news lately, transocean. >> transocean owned the drilling rig involved in the giant bp oil spill. they moved to zug. >> i'm not sure they even moved that much. they have about 1,300 employees st
i don't think anybody's ever heard of zug in the united states. hans marti, who heads zug's economic development office, showed off the nearby snow-covered mountains. but zug's main selling point isn't a view of the alps. how low are the taxes here? >> it's something between 15% and 16%. >> and in the united states, it's 35%. >> i know. it's half, half price. >> and do you have the lowest tax rate in switzerland? >> most probably, yes. >> most probably, yes....
150
150
Sep 30, 2012
09/12
by
CNBC
tv
eye 150
favorite 0
quote 0
i think it's a bigger story for europe than it is for the united states. >> in the united states we have a different set of worries. warnings from big american companies about their future earnings. we ended the third quarter and already heard from fedex, we heard from caterpillar, big global companies that are citing europe. caterpillar is citing china as well. what are you expecting out of the earnings period that we will begin to see in the next couple weeks? >> there is a slowdown going on in the global economy because you have this recession in europe then you have a slowdown in china, which is more significant than i think the chinese gdp numbers suggest. and that's rippling through to countries like korea and taiwan and japan. a so big global companies are being hurt by that but more domestically-focused companies in the united states ought to do better. >> want that fiscal cliff, david? it doesn't look like anything is going to happen until after the election. the tax cuts expiring, the spending programs expiring. a lot of people think this is going to lead to a recession in 20 1
i think it's a bigger story for europe than it is for the united states. >> in the united states we have a different set of worries. warnings from big american companies about their future earnings. we ended the third quarter and already heard from fedex, we heard from caterpillar, big global companies that are citing europe. caterpillar is citing china as well. what are you expecting out of the earnings period that we will begin to see in the next couple weeks? >> there is a...
158
158
Sep 12, 2012
09/12
by
CNBC
tv
eye 158
favorite 0
quote 0
i mean, the math is done a little bit differently in the united states, you having done a ph.d. at harvard. they are taking care of the problem, aren't they? they are in the process? >> well, they are talking about it. i don't think they are doing any meaningful things, because in the u.s. political system, you really have to have the president, the white house, and the congress working together. and currently, the two parties are not even talking the same language oftentimes. so i do hope whatever the outcome of the presidential election in the u.s., the two parties, the administration and the parliament, the congress should work together. >> yeah, their philosophies are farther apart than ever. it's two different americas. what are you saying then? you're saying with the prospect of still a possible qe3, that a serious debasement of the dollar devaluation -- almost like a deliberate devaluation of the dollar is going to enter the conversation here? is that what you're alluding to? >> no. what i'm saying is the u.s. financial crisis is a monumental, historical event. the conseq
i mean, the math is done a little bit differently in the united states, you having done a ph.d. at harvard. they are taking care of the problem, aren't they? they are in the process? >> well, they are talking about it. i don't think they are doing any meaningful things, because in the u.s. political system, you really have to have the president, the white house, and the congress working together. and currently, the two parties are not even talking the same language oftentimes. so i do...
159
159
Sep 9, 2012
09/12
by
CNBC
tv
eye 159
favorite 0
quote 0
the clock is ticking in the united states, however, on the fiscal cliff, which you are very concerned about. the xpiration of the bush tax cuts and automatic spending cuts that come if there's no budget agreement. how do you view this playing out? what are the implications for the market? >> i think this is very important. last week maybe the point when investor sentence focuses on this instead of europe. first of all, the size of the fiscal cliff at about 650 billion, 4% of gdp. it would be hitting at a time when the economy is weak and particularly the consumer is weak. i do think this represents a big danger to the economy. the challenge is it's not discounted into the price. we're all talking about it, i've met very few investors who believe it will happen. if we do start to move to an environment where it becomes more likely, it will create volatility and also hit equity prices as well towards the end of the year. >> how do you invest against that kind of back drop? where would you put money to work right now? >> i think there are a couple of things investors can do. one thought
the clock is ticking in the united states, however, on the fiscal cliff, which you are very concerned about. the xpiration of the bush tax cuts and automatic spending cuts that come if there's no budget agreement. how do you view this playing out? what are the implications for the market? >> i think this is very important. last week maybe the point when investor sentence focuses on this instead of europe. first of all, the size of the fiscal cliff at about 650 billion, 4% of gdp. it would...
396
396
Sep 6, 2012
09/12
by
CNBC
tv
eye 396
favorite 0
quote 0
it did an initial public offering in the united states. i have to give the deal a red card. i wish i could come out and tell you manchester united is a buy. that would make me feel terrific. we don't go for soccer in america. i coached for years and was team captain. this can get people upset about stocks. the gold medalist of the women's soccer team said i want to own stocks in it. manchester united is to soccer in england to what the yankees are to baseball here in america. this is the team that made david beckham famous. it is a powerful global brand. 659 million people around the world. almost as many on facebook though very few are in this country and the bulls say it is not a soccer team. it's a mini media empire making money from tickets and broadcasting. you know the games can't be recorded. people want to watch them live for merchandising and sponsorship deals. sounds compelling. man u. seems like a real cool stock which is all the more reason to put manchester united in the -- [ sell, sell, sell ] -- sell block. uh can't awe allo
it did an initial public offering in the united states. i have to give the deal a red card. i wish i could come out and tell you manchester united is a buy. that would make me feel terrific. we don't go for soccer in america. i coached for years and was team captain. this can get people upset about stocks. the gold medalist of the women's soccer team said i want to own stocks in it. manchester united is to soccer in england to what the yankees are to baseball here in america. this is the team...
217
217
Sep 4, 2012
09/12
by
CNBC
tv
eye 217
favorite 0
quote 0
china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single handedly kept the global economy afloat during the global recession. but after playing the roe of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, the slowdown in china seems somewhat self-inflicted. governments hit the brakes and in many ways still seems like it's happening. the hope is the chinese will start cutting rates, adding real octane to the down shift in their economy. how about europe? the european central bank meeting this week and we're expecting to hear some chatter in unison that's going to ereverse the declining economies over there and maybe unite to save the spanish banking system. you can monitor these efforts by watching the largest spanish bank which has been climbing ever since it bottomed at $4 and change. $7 stock finishing up 0.18
china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single handedly kept the global economy afloat during the global recession. but after playing the roe of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, the slowdown in china seems somewhat self-inflicted. governments hit the brakes...
256
256
Sep 7, 2012
09/12
by
CNBC
tv
eye 256
favorite 0
quote 0
whatever is happening here in the united states today, it is risk on if you're in the banks. take a look at even the german banks. of course, who wants to concentrate on the bonds? look at this, deutsch bank up 6%. big bank across europe rallied strongly again today. there is no new news today but the confidence is shifting. it may not be sustained. they may sell off on monday. but, look, in italy, this bank here almost up 10%. you know these guys here exposed to sovereign debt. look at the way in which they have gained today. separate to that, of course, kate kelly was showing us that we have an improved offer for xtrata. importantly, from china, and i've spoke with the steel stocks. in china you have the announcement of $157 billion of infrastructure spending. look at how the other miners around the world, a lot of them in london, have also gained today. it's been a terrible performer, up 7%. a very important day today in europe. melissa, back to you. >> let's get a check on energy and commodities. sharon epperson at the nymex. sharon? >> it's an important day in the commod
whatever is happening here in the united states today, it is risk on if you're in the banks. take a look at even the german banks. of course, who wants to concentrate on the bonds? look at this, deutsch bank up 6%. big bank across europe rallied strongly again today. there is no new news today but the confidence is shifting. it may not be sustained. they may sell off on monday. but, look, in italy, this bank here almost up 10%. you know these guys here exposed to sovereign debt. look at the way...
179
179
Sep 7, 2012
09/12
by
CNBC
tv
eye 179
favorite 0
quote 0
we have a fiscal and monetary problem here in the united states. what will solve the problem right now? so far the fed doesn't seem to be able to create so many jobs right now. >> what bernanke said last week and i agree with him and the evidence points in this direction is the main reason we have an 9.1% unemployment is because of weak demand. if you're thinking about monetary or fiscal policy, on the fiscal side, it comes from tax cutting, spending increases, or both, and we have to worry about that. on the monetary side, what monetary authorities can do is reduce interest rates and try to reduce rates across a broad set of assets through qe policies. the fiscal and monetary side are trying to stimulate demand, and demand is missing to great stronger momentum. >> they're pushing on a string, rant they? >> the fed has the capability to act right now, and i think always, you know, again chairman ber knack key admitted that this policy tool is not a particularly strong tool. >> ben bernanke said that he creating two million jobs. they did analysis a
we have a fiscal and monetary problem here in the united states. what will solve the problem right now? so far the fed doesn't seem to be able to create so many jobs right now. >> what bernanke said last week and i agree with him and the evidence points in this direction is the main reason we have an 9.1% unemployment is because of weak demand. if you're thinking about monetary or fiscal policy, on the fiscal side, it comes from tax cutting, spending increases, or both, and we have to...
45
45
Sep 17, 2012
09/12
by
CNBC
tv
eye 45
favorite 0
quote 0
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. >>> we're keeping an eye on apple, inching closer to that $700 a share mark. here's a stat to wrap up our great american disconnect theme today.
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of...
254
254
Sep 5, 2012
09/12
by
CNBC
tv
eye 254
favorite 0
quote 0
>> i think that's true, always i think the structural deficits of the united states, as my good friend bowles and simpson talk about are difficult to deal with. it could cause a hiccup at any type. hopefully the next administration will deal with that. >> which is why romney and ryan put that issue front and center and that is tart of the conversation right now where as we were not talking about these issues before that. low do you think they will play out. a lot of euphoria around it. >> ity tt tt tty -- i think itt important lex of my lifetime. they are picking between a economic systemen gauged by the government, and more involved with the government, verses the republican side which is going to be less government and more free market. so, it's a choice. i think the candidate that can make the best argument as to why they're model or approach is going to create better economic growth will win the election, and we'll see. i think it will be very close. >> it has been very close in the polls, and it's not just about growth, but also about jobs. we have a jobs report coming out on frid
>> i think that's true, always i think the structural deficits of the united states, as my good friend bowles and simpson talk about are difficult to deal with. it could cause a hiccup at any type. hopefully the next administration will deal with that. >> which is why romney and ryan put that issue front and center and that is tart of the conversation right now where as we were not talking about these issues before that. low do you think they will play out. a lot of euphoria around...
27
27
Sep 6, 2012
09/12
by
CNBC
tv
eye 27
favorite 0
quote 0
states, germany, france, united states, china, japan, they will all kick in and do what they have to do to kick the can down the road. i think that's what's happening. we're not solving the problem. we're dealing with it and kicking it down the road. the third area i think would make a big difference and not to get involved in politics about as difficult to talk about as abortion but i think a romney victory would put the market above the range where we are at presently and i am kind of thinking if i had to handicap it if a romney victory, let me just say that the significance of an event for the market is very much a function of where the market is when the event occurs. i say from the roughly 1400 area a romney victory would add 100 points to the s&p and an obama victory would probably be maybe a 50-point decline. i think it is very important. we're at a crucial point in economic history of the country and i think what happens in november is very important. >> tom lee of j.p. morgan was on one of the earlier programs this morning talk in the same measure on what a romney victory wo
states, germany, france, united states, china, japan, they will all kick in and do what they have to do to kick the can down the road. i think that's what's happening. we're not solving the problem. we're dealing with it and kicking it down the road. the third area i think would make a big difference and not to get involved in politics about as difficult to talk about as abortion but i think a romney victory would put the market above the range where we are at presently and i am kind of...
208
208
Sep 11, 2012
09/12
by
CNBC
tv
eye 208
favorite 0
quote 0
>> i support the president of the united states. whoever that may be. >> bob, good to have you on the program. obviously investors had a great day today. aig trades up, 3345 is where it closed. we'll be watching the developments. thanks for your time today. >> thank you, maria. >> always good to see you. >> happy birthday. >> thank you so much, bob. >>> gridlock on the fiscal cliff. eric cantor pointing the blame at president obama's doorstep just an hour ago. >> frankly, the president's been unwilling to meet us to sit down and try an iron out the differences. >> now we get the other side. steny hoyer is we me, the second most powerful dem in congress. he'll join me after this break. you won't want to miss it. stay with us on that. later, with facebook's stock slumping to half the original ipo price s it time for mark zuckerberg to hands over the reigns to a more seasoned executive? then we'll take you live to an event he's speaking at. you're watching "closing bell" on cnbc, first in business worldwide. oh, hey alex. just picking
>> i support the president of the united states. whoever that may be. >> bob, good to have you on the program. obviously investors had a great day today. aig trades up, 3345 is where it closed. we'll be watching the developments. thanks for your time today. >> thank you, maria. >> always good to see you. >> happy birthday. >> thank you so much, bob. >>> gridlock on the fiscal cliff. eric cantor pointing the blame at president obama's doorstep just an...
37
37
Sep 4, 2012
09/12
by
CNBC
tv
eye 37
favorite 0
quote 0
we talked about over a year, we're seeing signs as they slow, capital is coming to the united states, especially in real estate. >>> the three bear cases for stocks, the same one, europe-china slowdown, also the bear case because we don't know how the movie is going to end. if you listen to the rabinni's of the world, we're all doomed. average company growth is slowing so the market may not command as high of a multiple and yield, fiscal cliff and we will pull a thelma and louise unless congress gets their act in gear. >> you just heard from brian the bull case and the bear case. let's see what our guests think. james camp, manager and bob. thank you very much for joining us. bob, i will start with you. you have to pick one, bear or bull for september. can't be raccoon or koala or wallaby. >> you will see a market impacted because of concerns out there. i mentioned, you still have europe, you still have china, you still have the fiscal cliff, the election, which will be very contentious. you take a look at what's actually going on, you actually have plan in europe and that will materi
we talked about over a year, we're seeing signs as they slow, capital is coming to the united states, especially in real estate. >>> the three bear cases for stocks, the same one, europe-china slowdown, also the bear case because we don't know how the movie is going to end. if you listen to the rabinni's of the world, we're all doomed. average company growth is slowing so the market may not command as high of a multiple and yield, fiscal cliff and we will pull a thelma and louise...
279
279
Sep 7, 2012
09/12
by
CNBC
tv
eye 279
favorite 0
quote 0
for president of the united states. democratic party. in charlotte, north carolina. can be described, perhaps, as a more subdued speech than the one that he gave at his initial convention four years ago. still touching on topics that are very popular. among his base. you had the tax issue, you had the issues of education. there were references to the automobile bailout. but still, john harwood who's with us, and larry kudlow still with us, and we have more guests coming in in a moment. there were parts that were surprising at times. opening up more land for natural gas drilling. we talk about tax reform. we talk about defense and strong on foreign policy. larry kudlow, did you feel this was a more centrist speech than you expected? >> no, not particularly. i mean, he said he was looking at the principles of bowles/simpson and simpson/bowles that those principles included pro growth tax reform across the board, getting rid of the deduction. he opposes that. he wants to raise taxes on the well to do. he demagogued on the
for president of the united states. democratic party. in charlotte, north carolina. can be described, perhaps, as a more subdued speech than the one that he gave at his initial convention four years ago. still touching on topics that are very popular. among his base. you had the tax issue, you had the issues of education. there were references to the automobile bailout. but still, john harwood who's with us, and larry kudlow still with us, and we have more guests coming in in a moment. there...
215
215
Sep 27, 2012
09/12
by
CNBC
tv
eye 215
favorite 0
quote 0
. >> what about the balance that we're facing here in the united states? we've got similar issues, don't we? we have an e more nor we? we have an e more nomous debt l and the debate on what to cut. >> there's always a question of priorities and where you focus your attention. i think the president has made a major effort to reduce the budget deficit and also to invest in the future of the country, just like a corporation in many senses that has too much debt, that it has to put its debt in line with its ability to raise revenues. it also has to invest in its future. the president, i think, is investing in education, infrastructure, many things that will make the country stronger. that's really the goal. it's to have a sound budget policy but also invest in the country's future. i think that's what the president's trying to do. >> but bob, we haven't had a budget in three years. >> well, a lot of programs that he's proposed have not gotten through the congress. that's a big challenge. he's focused on education. he has a very significant proposal on infrastr
. >> what about the balance that we're facing here in the united states? we've got similar issues, don't we? we have an e more nor we? we have an e more nomous debt l and the debate on what to cut. >> there's always a question of priorities and where you focus your attention. i think the president has made a major effort to reduce the budget deficit and also to invest in the future of the country, just like a corporation in many senses that has too much debt, that it has to put its...
319
319
Sep 18, 2012
09/12
by
CNBC
tv
eye 319
favorite 0
quote 0
to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or zero to a quart per. >> what are they waiting for? >> that's a good question. what are they waiting for? the idea being if you have a single mandate you are less free to move your currency when you're doing that. the latest number was 2.6% inflation in the eurozone, so given that mandate constraint, they can't do it. the fed can look at 8%, 9%, 10% unemployment and say with a forecast of lower inflation down the road, i can move now to zero. >> it seems to me central banks make uhm the rules as they go aening lo, when they'll do all of the extraordinary things to say yes this is in our man
to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or...
247
247
Sep 28, 2012
09/12
by
CNBC
tv
eye 247
favorite 0
quote 0
an extraordinary releases this afternoon from the united states government. the first thing we got was this order from president barack obama ordering the company to divest from a wind project in oregon using the so-called sifieuos program. this one is the fist time in 22 years that the u.s. government has done this it or president of the united states has done this. it goes beyond what we've ever seen before, including this language ordering the facility in oregon to effectively be rai razed, saying the company must remove all structures, items, or physical object, including the concrete foundations of the property. that's the first time anyone ever affiliated with this has ever seen anything like that. the treasury department later in the day issuing a statement saying why they might be so sensitive about this facility, saying, the wind farm sites are all within the vicinity of restricted air space at naval weapons system trading facility boardman in oregon. now, this is a sensitive military facility in oregon. we looked on their website to find out exactly
an extraordinary releases this afternoon from the united states government. the first thing we got was this order from president barack obama ordering the company to divest from a wind project in oregon using the so-called sifieuos program. this one is the fist time in 22 years that the u.s. government has done this it or president of the united states has done this. it goes beyond what we've ever seen before, including this language ordering the facility in oregon to effectively be rai razed,...
170
170
Sep 27, 2012
09/12
by
CNBC
tv
eye 170
favorite 0
quote 0
for 30 some years at manytendet different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy
for 30 some years at manytendet different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that...
85
85
Sep 26, 2012
09/12
by
CNBC
tv
eye 85
favorite 0
quote 0
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> coming up on "closing bell" oil continues to tank. noted energy watcher boon pickens weighs in on the recent plunge in crude and what it means for investors. does it go lower from here? we'll get his take. plus, wait until you hear how much banks are charging for overdraft fees in the last year. is it financial irresponsibility by millions of americans? we have the debate coming up. former california treasurer phil angelites says why more needs to be done to fix the aftereffects of the recent financial crisis. all ahead on "closing bell." we look forward to seeing you then. brian? >> looking forward to it, bill. well, folks, only 89 i days before christmas which means, don't panic. there are 88 shopping days left until the holiday. investors have gone on a
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> coming up on "closing bell" oil continues to tank. noted energy watcher boon pickens weighs in on the recent plunge in crude and what it...
230
230
Sep 20, 2012
09/12
by
CNBC
tv
eye 230
favorite 0
quote 0
. >> it's fort d in the united states, and there's the ford from overseas. europe bad, latin-american, bad. bed bath and beyond, norfolk southern, two different kind of businesses. norfolk is going off the rails, bed bad, looking good. >> coming up, bargain shopping? retailers have been on the rise, but after perusing the aisles cramer has --. >>> and later, making dough, dominos has been -- find us if it can claim the upper crust of the pizza population, when the ceo breaks some news in cramer's exclusive. just ahead. >>> plus 'tis the season? millions of people around the world will get their hands on the highly anticipated crown jewel of the apple empire. iphone 5, but don't, get ready to though everything you think you know about tech out the window. cramer's looking beyond apple and what he says may surprise you. all coming up on "mad money." >>> any moment there's stocks that might rally for a week or month or a season before they only go out of style. and then there are the long-term opportunities that we search for all the time here on "mad money." w
. >> it's fort d in the united states, and there's the ford from overseas. europe bad, latin-american, bad. bed bath and beyond, norfolk southern, two different kind of businesses. norfolk is going off the rails, bed bad, looking good. >> coming up, bargain shopping? retailers have been on the rise, but after perusing the aisles cramer has --. >>> and later, making dough, dominos has been -- find us if it can claim the upper crust of the pizza population, when the ceo...
57
57
Sep 19, 2012
09/12
by
CNBC
tv
eye 57
favorite 0
quote 0
what are the implications for the united states? let's ask ann lee and peter navarro with the university of california irvine and a cnbc contributor. thank you very much for joining us today. the u.s. has already stated it does not take a position of sovereignty with regards to the islands. nonetheless, i think there's an understanding here that if there was a military escalation it would probably side with japan. so what are the implications for us at this juncture? >> i believe that, yes, we have a treaty with japan. however, this is really not in u.s. interests, given that this whole area is a very powerful economic region. we don't want to have these two nations go to war. so the u.s. stance, i believe, will be let's try to negotiate this and keep it peaceful. >> and i guess, peter, china has an extraordinarily powerful tool if we're talking about economic retaliation here. if the u.s. tried anything, wouldn't china be able to dump our bonds? >> they would. let's look at the bigger story here. the are small islands,ut they hava
what are the implications for the united states? let's ask ann lee and peter navarro with the university of california irvine and a cnbc contributor. thank you very much for joining us today. the u.s. has already stated it does not take a position of sovereignty with regards to the islands. nonetheless, i think there's an understanding here that if there was a military escalation it would probably side with japan. so what are the implications for us at this juncture? >> i believe that,...
219
219
Sep 10, 2012
09/12
by
CNBC
tv
eye 219
favorite 0
quote 0
for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. every time a local business opens its doors, or makes another sale, or hires another employee, it's not just good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we've extended over $4 billion in new credit to local businesses across the country so far this year. because the more we help them, the more we can help make communities stronger. >>> welcome back. more breaking news. >> another executive is leaving zynga. chief market and operating officer jeff carp is leaving the company after one year. following a slew of departures including chief operating officer and chief creative officer. zynga saying they're continuing their transition to mobile way from reliance on
for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. every time a local business opens its doors, or makes another sale, or hires another employee, it's not just good for business. it's good for the entire community. at bank of america,...
60
60
Sep 28, 2012
09/12
by
CNBC
tv
eye 60
favorite 0
quote 0
tyson, i understand you think it's okay if we use nat gas more here at home in the united states but you're not really so sure about the exporting equation. why not? >> well, i mean, like you're saying, the natural gas prices have been increasing lately. that's because of increased domestic demand, particularly in the electric power sector where for the first time in american history we're fuelling more power plants with natural gas than with coal. the concern about ramping up exports of natural gas to a significant degree, we've got almost 15 proposed export terminals across the country. is it's going to be another form of demand which is going to increase prices. in fact, earlier this year the energy information administration estimated that if we export that gas, prices are going to rise at least 30%. and so that's of concern not just the household customers but also to industrial customers that are seeking to expand manufacturing capacity here in the united states. >> so you're saying at least 30%. but david with the volume of exports that we're potentially talking here, how much
tyson, i understand you think it's okay if we use nat gas more here at home in the united states but you're not really so sure about the exporting equation. why not? >> well, i mean, like you're saying, the natural gas prices have been increasing lately. that's because of increased domestic demand, particularly in the electric power sector where for the first time in american history we're fuelling more power plants with natural gas than with coal. the concern about ramping up exports of...
292
292
Sep 7, 2012
09/12
by
CNBC
tv
eye 292
favorite 0
quote 0
states. it has a nationwide idea here. it has its own $5 instead of $1 niche. it doesn't sell cold weather gear. paloalto gives you cyber security. i think they will both tell us good things. tuesday morning, we hear from united natural foods. what a horse this has been. no ending to the theme of natural foods. just a limited number of players. this could refocus people on haines celestial and whole foods. neither is cheap but i think they go higher over time. mondays tend to be down days because people keep waiting for the chinese to act. we need tome the them to get busy cutting. i suspect we'll be down on monday. uh suggest you use deep in the money strategies to buy hain or whole foods. if they are down and today's losses whole foods came back the other day. unfi's numbers could get them moving. ideas. whole foods january 80 calls or february 65 calls for hain. not a lot of premium. you get stopped out t at a level higher than the stocks could go if they disappointed. how about wednesday?
states. it has a nationwide idea here. it has its own $5 instead of $1 niche. it doesn't sell cold weather gear. paloalto gives you cyber security. i think they will both tell us good things. tuesday morning, we hear from united natural foods. what a horse this has been. no ending to the theme of natural foods. just a limited number of players. this could refocus people on haines celestial and whole foods. neither is cheap but i think they go higher over time. mondays tend to be down days...
93
93
Sep 12, 2012
09/12
by
CNBC
tv
eye 93
favorite 0
quote 1
both by the libyan authorities an by the united states government. if there's a large crackdown in the country on potential trouble makers, then that could backfire and we could see this evolve into further violence. but if that doesn't happen, then i don't foresee an impact on oil. >> thank you very much for joining us today. >>> u.s. energy policy is a major issue in the presidential race. with both campaigns painting wildly different pictures of the situation. our senior correspondent scott cohn is here to try to separate the fact from fiction in our weekly fact checking report. what have you found? >> well, guess what? there's spin on both sides. let's start with the president last week in charlotte. >> in the last year alone, we cut oil imports by 1 million barrels a day. more than any administration in recent history. and today the united states of america is less dependent on foreign oil than at any time in the last two decades. >> well, it is true that the u.s. now imports only 45% of its petroleum, the lowest since the '90s, according to the
both by the libyan authorities an by the united states government. if there's a large crackdown in the country on potential trouble makers, then that could backfire and we could see this evolve into further violence. but if that doesn't happen, then i don't foresee an impact on oil. >> thank you very much for joining us today. >>> u.s. energy policy is a major issue in the presidential race. with both campaigns painting wildly different pictures of the situation. our senior...
245
245
Sep 5, 2012
09/12
by
CNBC
tv
eye 245
favorite 0
quote 0
the united states over the same period. it went back up, back up, back down, and now here we are, if you can zoom in on the edge here. this is the big question for the fed, what's the right level of unemployment to come back down to. is the old number something we can attain, or is the level higher. we looked at it from different angles and it looks cyclical. '08 and '09, things like construction came mack. unemployment rose too fast for it to be long-term government issues. programs like extended unemployment insurance have maybe kept the rate high. let's look at what the response was. lacker and bullard say there is a huge percentage of people unemployed for a long period of time. where is the deflation. all of this extra slack, then we should have deflation in the economy, and the former president of the central bank. an expert in monetary policy, put up this chart. when you look at core inflation, there is no deflation. he argues thath race should maybe be higher. bill, a big debate in the federal reserve. what number s
the united states over the same period. it went back up, back up, back down, and now here we are, if you can zoom in on the edge here. this is the big question for the fed, what's the right level of unemployment to come back down to. is the old number something we can attain, or is the level higher. we looked at it from different angles and it looks cyclical. '08 and '09, things like construction came mack. unemployment rose too fast for it to be long-term government issues. programs like...
131
131
Sep 27, 2012
09/12
by
CNBC
tv
eye 131
favorite 0
quote 0
this is very, very detrimental to the united states long term. >> it ultimately is going to do something, though -- [ bell ]. i kind of disagree. because i think if consumers know -- >> if they understand. can you understand your health plan? >> i can't understand my health plan today. i don't know what it covers and what it doesn't. >> it puts employees at the mercy of the insurance companies and they're really going to be defenseless. >> and you have 206 perfect information. why should everybody have perfect information when their employer can help everybody at once to get to that? >> i'll tell you one thing i'm not going to do, is go through a whole book on every potential plan that i might look at to see -- >> they might do it on your behalf. >> oh, sure. >> koording to a new irs inspector general report 70 federal agencies owe $14 million in taxes. so why does the government hate taxes, john? >> it's not just these federal agencies that owe taxes. we learned earlier in the year that over a billion dollars is owed by federal employees. there's a scofflaw problem in our very governmen
this is very, very detrimental to the united states long term. >> it ultimately is going to do something, though -- [ bell ]. i kind of disagree. because i think if consumers know -- >> if they understand. can you understand your health plan? >> i can't understand my health plan today. i don't know what it covers and what it doesn't. >> it puts employees at the mercy of the insurance companies and they're really going to be defenseless. >> and you have 206 perfect...
78
78
Sep 6, 2012
09/12
by
CNBC
tv
eye 78
favorite 0
quote 0
. >> the bankers, whether it's in the united states or over there, have been talking the talk which is one of the reasons why the u.s. market's up 10% this summer is the anticipation of quantitative easing down the road. >> the ecb needs it. >> the question is, will they walk the walk? >> will the ecb -- this is the plan. now over to you politicians. they're finished. >> we have seen it. verbal intervention brought spanish interest rates down and spain is backing off saying, whoa, we don't necessarily need any help. you know? already in that drama. can you put forward further austerity? >> not just since milton die dined alone. thanks very much. back to you. >> we'll continue the conversation here on the nyse floor. here with me is kenny pulcari. europe today is stabilize. a rally. listening to the conversation, you were making points to me during that. not only do they have to agree, spain and italy, to certain conditions, they actually have to ask for the aid and they have not done that yet. >> that's right. they have to ask for it and agree to the conditions and talking about this f
. >> the bankers, whether it's in the united states or over there, have been talking the talk which is one of the reasons why the u.s. market's up 10% this summer is the anticipation of quantitative easing down the road. >> the ecb needs it. >> the question is, will they walk the walk? >> will the ecb -- this is the plan. now over to you politicians. they're finished. >> we have seen it. verbal intervention brought spanish interest rates down and spain is backing...
302
302
Sep 6, 2012
09/12
by
CNBC
tv
eye 302
favorite 0
quote 0
states on food assistants? that's staggering. we have not produced a single net new job. there is a bridge that has to be gapped, and ceos want to see what plan and the path is. >> the fiscal cliff has a lot of ceos concerned, what about you? >> i think that's the number one concern. it's a 3% hit to incomes in gdp terms, and the economy only grows 2%. if that happens, and we won't know until after the election, it will wipe out job creation until next year. we're hoping and thinking it gets fixed, but we have to see the election and get into december. >> more things to worry about and think about in the meantime. >> pretty sobers. >> 37 minutes until the closing bell. the nasdaq is higher by 61. >> that is a four.5 year high for the s&p 500, is there more room to run? should you take profits? >>> new claims, president obama and john boehner had a massive blow up over the collapse of the debt deal last year. we're talking about a tirade from the president, can they possibly work together to fix our debt situati
states on food assistants? that's staggering. we have not produced a single net new job. there is a bridge that has to be gapped, and ceos want to see what plan and the path is. >> the fiscal cliff has a lot of ceos concerned, what about you? >> i think that's the number one concern. it's a 3% hit to incomes in gdp terms, and the economy only grows 2%. if that happens, and we won't know until after the election, it will wipe out job creation until next year. we're hoping and...